berkek

berkek

I have noticed an extremely unusual volume with a positive close on an hourly basis on my broker's platform. So even though the trend is currently bearish, this might be a turning point of USDJPY. Years ago, NZDUSD had a similar unusual vol intraday and it's been tanking ever since. So why not now? I am long the USDJPY with stops below yesterday's low....

berkek

We are at a critical junction for USDJPY. Price remains within trendline and possibly created on a massive hammer on a quarterly basis. End of month will confirm.

berkek

Leveling daily chart of S&P 500. Implies no direction.

berkek

This is a leveling of BTC daily chart, implies no direction.

berkek

No predictions here, just mapping the current year with major levels to watch.

berkek

An interesting coincidence isn't it? Still looks bearish to me unless we have a weekly close above those trendlines. This year might be a test year for miners ability to stay afloat. Interesting times, interesting charts. Let's see.

berkek

I have made an analysis on Bitcoin 2 weeks ago and I guess I was wrong when looking at the bigger picture. I thought we would bottom here, BUT monthly charts look pretty bearish for the moment. I don't know about any particular reason for this but charts hardly lie. Since no one currently wishes to sell their crypto, it looks very plausible to me to have BTC at...

berkek

Keyword: China-US agreement Potential bullish $ and bearish precious metals scenario is about to start following the news flow. A monthly close below the first blue line (currently support but when close below will turn into resistance) will be the first sign of weakness. Then it is best to wait until year-end as this is a yearly basis S&R. My anticipation is...

berkek

Traders need to take a very close look at this level! I am still bearish intraday but expect a massive buy signal here.

berkek

Bitcoin has broken a major trendline and currently in a bear market on a weekly basis but neutral on a monthly basis. Markets test ultimately those big levels marked on the charts, but it is nearly impossible to be certain which comes first so we need to be patient how price will develop in the coming days. My take would be an upward move first and then a...

berkek

Bitcoin is currently on an uptrend on a monthly basis and there was a weekly close below yearly pivot but not a monthly one. Until there is a monthly close below yearly pivot, it can be bought at every dip. Trendline is also a confluence factor on this chart. I am long and let's see it we can make it to 9300 levels and start to rise quickly afterwards. Stops...

berkek

BTC dropped sharply however fundamentals have not yet changed and it is very supportive for BTC in the long run. Currently I am slightly bearish but looking for a massive buy signal at the inflection point stated on the chart. It coincides with yearly pivot as well.

berkek

Being Long only in BTC, requires a lot of patience to make money. A high probability trade only could occur at the target support level on 3 Months basis in BTC for the moment. The both technical indicator and major support are in conjunction and recent price action confirms the price is set to move downward (for now). It can be expected for a bounce up to 10085...

berkek

200 MA on BTC 3 day chart (kind of long term) is sloping down now. According to years of trading experience, when that happens, price generally trends lower until it hits that particular timeframe 200MA. Despite the good BTC news price does not seem to rise. Rumors say China will be introducing some sort of digital Yuan. There are also rumors that several...

berkek

Turkish lira look like to depreciate up until 6.79 area if the H&S pattern develops. Still needs to clear drawn trendlines.

berkek

Bitcoin still feels not ready for prime time to me, given the fact that it closed below last month's close price (2 day basis on 15th August). We had an intraday closing below last month's close price again today. I would say it is just consolidating for the moment. I still expect a bull trap around last month's open price and will look sell at this price until...

berkek

This update is an hourly view of the previous analysis and the trendline is invalidated before halving! This suggests that the market is currently weak and it is bearish. The ultimate support for LTC at the target price stated on the charts (6 Month closing price)

berkek

Prior to halving, technicals still suggest that uptrend in the 2. half of the year started with a 12 hour basis reversal with clear trendlines and price levels. In order to conclude the bullish bias, I will be looking at the blue line and if it closes below, then I will pause with the bullish view. If it closes below the trendline on a 12H basis, then I will...